There is a lot of software that you can use in order to file your own taxes. That is why you may be wondering whether you should hire a professional. Even though you may be capable of filing your own taxes, there are several incidences where professional tax preparation is necessary.
You Make Over $200,000 Per Year
The more money you make, the more likely you are to get audited. That is why you will need to get professional tax preparation. Your accountant will make sure that everything is done the correct way so that you can avoid getting audited.
Your Tax Situation Has Changed
If your tax situation is the same as it has been for the past several years, then you may be able to handle doing your own taxes. However, if your tax situation has changed, then it is best for you to hire a professional. Changing jobs, getting married and having children are examples of some of the things that can change your tax situation.
You Want to Take Advantage of Deductions
The purpose of deductions is to help you save money on your tax bill. However, if you do your own taxes, then you may miss out on all of the deductions that you can get. That is why it is best to get professional tax preparation near Atlanta, GA, if you want to take advantage of deductions.
You Have a Business
Business owners are subjected to different tax regulations. That is why it is best to hire an accountant.
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